Updated at 11:12 a.m., Monday, April 30, 2007
CPF's earnings up 4.2 percent to $20.1M in 1st quarter
Advertiser Staff
Central Pacific Financial Corp.'s earnings rose 4.2 percent to $20.1 million in the first quarter from the same period a year earlier, the company reported today.The parent of Central Pacific Bank netted 65 cents per share during the three months ending March 30, up from 63 cents per share, or $19.3 million, in the year-earlier period.
The company said its assets increase 4.9 percent to $5.4 billion as loans and leases increased 7.8 percent to $3.9 billion. Deposits, meanwhile, were up 4.5 percent to about $3.9 billion.
